American Funds Short-Term Bond Fund of America® Class R-2 (RAMBX)
| Fund Assets | 12.79B |
| Expense Ratio | 1.37% |
| Min. Investment | $250 |
| Turnover | 154.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.17% |
| Dividend Growth | -5.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.37 |
| YTD Return | -0.38% |
| 1-Year Return | 2.75% |
| 5-Year Return | 4.49% |
| 52-Week Low | 9.34 |
| 52-Week High | 9.47 |
| Beta (5Y) | n/a |
| Holdings | 1417 |
| Inception Date | Dec 8, 2006 |
About RAMBX
American Funds Short-Term Bond Fund of America R-2 is an open-end mutual fund focused on generating current income while emphasizing capital preservation. The strategy invests primarily in high-quality, short-maturity fixed income, including U.S. Treasury and agency securities, investment-grade corporate bonds, asset-backed obligations, and mortgage-backed securities. According to the adviser, the portfolio maintains short effective duration and quality standards to manage interest-rate sensitivity, with monthly income distributions reflecting its income-oriented mandate. The fund is broadly diversified across hundreds of issuers and sectors within U.S. bonds, with a smaller allocation to non-U.S. bonds and a cash sleeve for liquidity and flexibility. It is overseen by a multi-manager team within Capital Group’s fixed-income platform and is designed to serve as a conservative core bond holding or a short-duration complement within a broader asset allocation. Share class R-2 carries ongoing service and distribution fees typical of retirement-plan share classes and targets stability and steady income rather than aggressive total return.
Performance
RAMBX had a total return of 2.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.81%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02138 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02283 | Feb 2, 2026 |
| Dec 31, 2025 | $0.0241 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02366 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02489 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02484 | Oct 1, 2025 |